A Brief About Our HR Shared Services
HR Shared services are simply a type of business model wherein a particular service shared among all company units is consolidated. These tools increase efficiency and flexibility, allow innovation, reduce cost, and expand the business. One such beneficial tool is shared services. The units can focus more on their respective field of work instead of burdening themselves with other issues.
One of the most common services as a shared service is HR. On that note, let us explore our HR shared services, what these are and what we provide.
Centralization:
HR Shared Services centralizes HR functions such as payroll, benefits administration, employee inquiries, recruitment, onboarding, performance management, and employee relations. This consolidation allows for standardized processes and procedures across the organization.
Efficiency:
By consolidating HR activities into a single service center, organizations can achieve economies of scale and reduce duplication of effort. This can lead to cost savings and increased productivity.
Specialization:
HR Shared Services often involve specialized teams or units dedicated to specific HR functions. This allows HR professionals to develop expertise in their respective areas and provide high-quality service to employees and managers.
Technology:
Technology plays a crucial role in HR Shared Services. HRIS (Human Resources Information Systems) and other digital platforms are used to automate processes, track employee data, and provide self-service options for employees.
Service Levels:
HR Shared Services typically establish service level agreements (SLAs) to define the level of service expected for various HR processes and transactions. SLAs help ensure accountability and transparency in service delivery.
Scalability:
HR Shared Services can scale up or down based on the needs of the organization. As the organization grows or undergoes changes, the HR Shared Services model can adapt to accommodate evolving requirements.
Employee Experience:
A well-designed HR Shared Services model can enhance the employee experience by providing consistent, efficient, and timely support for HR-related inquiries and transactions.
